Sr. Accountant

Job description / Role

Principal Functions:
• Coordinate the process and prepare detailed Revenue Plans and analysis of various revenue streams / divisions; in coordination with HPM and other internal divisions.
• Active participation in Budgetary Preparation and Control of Opex and Capex, ensuring appropriate trackers are maintained.
• Validate and maintain adequate costing records for various revenue streams / segments.
• Contribute to revenue accounting / validation for monthly booking of revenues and costs for various streams / segments.
• Liaise with Group RAFM for monthly reconciliations if required.
• Collect, maintain and analyze data regarding revenue and cost drivers and other operational metrics.
• Prepare and monitor package-wise and segmented performance reports for revenues and profits.
• Provide periodic analysis on performance vs. approved budgets, identifying issues and devising remedies.
• Support Etisalat Group reporting requirements.
• Provides guidance on ad-hoc financial/analytical issues
• Performs accounting / planning tasks as assigned.

Duties & Responsibilities:
• Co-ordinate the process and preparing the long range (3 –5 years) Business Plan and Annual Budget for the Company and Quarterly Forecasts supported by adequate drivers and metrics.
• Develops and maintain detailed trackers to track performance and budget utilization.
• Prepare monthly management reports, for submission to the VP/Finance / CFO, ensuring that key financial deviations to Budget or Business Plan and trends are highlighted for further consideration.
• Collect, maintain and report on Key Revenue and Cost Drivers of various revenue streams / segments and other key financial and performance information relating to activities of various divisions.
• In-depth variance analysis on monthly financial results versus budges and plans, including close interaction with other finance Sections (e.g. accounting, revenue management, etc) as well as all Heads of all E-Vision Departments
• Support in Group Reporting on monthly, quarterly basis, and providing commentary and analysis as required
• Participate in revenue accounting / validation for monthly booking of revenues and costs for various streams / segments – Linear, SVOD, TVOD, eHospitality, International and others.
• Preparation of monthly package-wise profitability; timely highlighting key trends
• Provide ad-hoc financial/analytical support including preparation of business cases to for projects and special assignments.
• Participate in the corporate-wide cost management initiatives that aim to deliver sustainable enhancements to E-Vision’s cost structure and own the cost optimization trackers and presentation pack.
• Preparation and reporting of CEO, CXOs, and Departmental KPIs actual performance vs. targets to Business Performance unit.

Salary:
AED 14,000 to 18,000 per month inclusive of fixed allowances.
Additional benefits: Education Allowance, Medical Insurance for self & family and other standard benefits

Requirements

• Bachelor degree in Accounting, Finance or Business Administration is mandatory
• ACA/ACMA/CMA/ACCA/CPA/CMA/MSc Finance is preferred
• 5 -10 years’ experience as a professional accountant
• Knowledge of Generally Accepted Accounting Practices and International Financial Reporting Standards.
• Analytical and financial modelling skills
• Report writing skills

About the Company

Etisalat has been the telecommunications service provider in the UAE since 1976, and has built up a modern telecom infrastructure and established itself as an innovative and reliable operator.

Etisalat stands 140th among the Financial Times Top 500 Corporations in the world in terms of market capitalization, and is ranked by The Middle East magazine as the 6th largest company in the Middle East in terms of capitalization and revenues. The Corporation is the largest contributor outside the oil sector to development programmes of the UAE Federal Government, and is an award-winning socially responsible corporation. Etisalat has also won accolades from across the region for its nationalization programme.